Bringing HRMS, payroll and finance together to improve your productivity

Traditionally, and still today in many of the organizations, HR and Finance departments operate apart and they represent different component of a business. One will look after the Employee (HR) and past trends to analyse their impact on the business, while other will look at the Money (Finance) and forecast to predict the path of the business growth. While individually each department serves the company, many of their functions overlap. HR and Finance works most effectively like a checks and balance systems, and Payroll is part of both. Obviously, Payroll considered as a part of finance and HR is accountable for the employee’s end of payroll.

And this makes team work and collaboration between Human Resource (HR), Finance and Payroll department vital for any organisation. In fact, as we have moved to new method of remote and flexible working due to corona virus pandemic, collaboration became even more important. But, initiating cooperative environment across these departments is not a simple task. Someone just can’t send an email or say “Work Together” and go on. Because they have functional walls between them as they were using separate system for a long time.

We have a quick solution to manage all your Human Resource, Finance and Payroll in one place. With Horizon EBS – Financial Accounting, HR & Payroll comes handily in one system. Definitely, when your HR and finance department start functioning cooperatively the organization moves into a new era of efficiency, production, employee satisfaction and most importantly profit.

HR-Payroll-and-Financial-Accounting-ERP

Organize your employee info

Keep all your employee records up-to-date with Horizon EBS. Employee details like name, designation, designation, passport number, visa status and all related documents are stored for safe record keeping and integrated with Payroll module to automatically process employee’s payroll process.

Tailor pay runs to your need

With the integrated payroll you can create a variety of pay slabs for diverse salary structures, compliance with VAT and tax regulations, configure automated approvals, keep track of all salary leave deduction, other deductions & reimbursements and automate complete employee payroll process.

Effortless time off management

Finding the exact number of days an employee worked in a month is a key to process each employee’s payroll. The simplified leave tracking, timesheet management, overtime calculation performed by Horizon EBS let’s you simply the time off calculation by providing error-free accurate reports that specify all the required information.

Intuitive employee portal

Payroll is perfect when employee can have broad visibility into their pay details and other payroll related activities. With Horizon EBS – Employee Self Service (ESS) module, employees can view leave information, pay slip, claim benefit, apply for reimbursement, and easily get notified on approval or rejection of their request.

Get advantage of integrating module

With Horizon EBS – Human Resource (HR), Finance and Payroll working together, you're not just streamlining your payroll tasks but also gaining the benefit of a complete Financial Accounting and HR solution. Whether you're onboarding new employees, managing employee time and performance, processing retirement gratuity or taking any critical business decisions using insightful analytics, Horizon EBS has all the features and functionalities you need to run your entire HR, Payroll and Financial Accounting.

Without HR, Finance and Payroll transparently communicating with each other and sharing the necessary information and details on the real-time data; a business will struggle to compete in today’s dynamic market. Overcoming with a modern, robust solution like Horizon EBS can fully support you giving access to all HR, Finance and Payroll module. The benefit your organization gain is extensive, bringing production, employee satisfaction and profit to maximum potential.

To know more about Horizon EBS, you can write to us at sales@fit.ae or ring us at +971 4 353 3727. We will guide you and help you with complete implementation of the new system.

 

 

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